Huami New Material Trading Limit: National Specialized Special New Little Giant, Focusing on Rubber and Plastic Materials and Their Products

On November 24, Huami Xincai (836247), a listed company on the North Stock Exchange, had a strong trading limit, closing at 13.35 yuan per share, up 29.99 per cent. Recently, in the case of the Shanghai and Shenzhen stock markets in the doldrums, the trading volume of the Beijing Stock Exchange has exceeded 10 billion for many consecutive days, and individual stocks are almost all red. Sun Li, deputy general manager of the Beijing Stock Exchange, said in his speech that the Beijing Stock Exchange shoulders the important mission of building the main position of serving innovative small and medium-sized enterprises. "On the basis of adhering to the market positioning, increase support for specialized and special new enterprises, new technology and new track enterprises, and strive to introduce a group of enterprises with sufficient innovation, strong growth, and high market recognition to go public.

Tongbi Finance learned that the company is a high-tech enterprise specializing in the research and development, production and sales of rubber and plastic materials and their products, and a national-level specialized and special new "little giant" enterprise. The company's leading products are special rubber compounds and rubber and plastic products. The products belong to the special rubber field of key basic materials in the "Four Bases" Development Catalog of Industry. The products are widely used in automobiles, high-speed rail, construction machinery, petroleum machinery, Aerospace and other fields.

Driven by national policies and industry planning, the continuous R & D investment in rubber and plastic materials will help the company's products to upgrade rapidly and narrow the gap with leading enterprises. At the same time, the stable development of downstream application industries will bring continuous market demand to the rubber and plastic industry, which is conducive to the rapid development of competitive enterprises in the industry.

In recent years, the state has issued policies to encourage the development of industries such as environmental protection additives, high-performance rubber and plastic materials, and the preparation of bio-based materials industry chain, which is conducive to the technological progress and green environmental protection development of the rubber additives industry. By 2025, China's rubber additives The total output will not be less than 1.71 million tons. In March 2022, the Ministry of Industry and Information Technology, the National Development and Reform Commission and other six departments jointly issued the "Guiding Opinions on Promoting the High-quality Development of the Petrochemical and Chemical Industry during the 14th Five-Year Plan", which clearly pointed out that the new generation of information technology, biotechnology and other strategic emerging industries will be accelerated Develop high-end polyolefins, high-performance rubber and plastic materials and other products.

The rubber mixing industry is an important intermediate industry in the upstream natural rubber, synthetic rubber, carbon black, additives and other raw materials and downstream rubber products industry chain, and the market scale is growing steadily with the demand for rubber products at home and abroad.

Judging from the company's financial data for the past five years, the total operating income for 4 years has increased year-on-year, with a good increase; the net profit attributable to the parent in these five years has performed well; the return on net assets has performed well and the profitability level is excellent.